Breaking the Stigma: Why Crypto Isn’t to Blame for Traditional Finance Failures
In the aftermath of the collapse, many people attributed the blame to crypto. However, crypto could be the solution rather than the root cause of the problem.
Crypto Slump Leaves VCs Eying Startup Bargains, but They’re Facing Tighter Pocket Books
Crypto venture capitalists are looking around at the carnage in the industry and licking their lips at the deals on offer. The only problem is that it's not clear if anyone will give them money to invest.
How Bitcoin Could Have Prevented Silicon Valley Bank from Collapsing?
Bitcoin uses a public ledger, known as the blockchain, to keep track of transactions. This makes it more transparent and secure than traditional banking systems.
SVB Contagion: Australia Reportedly Asks Banks To Report on Crypto
Australia’s prudential regulator has reportedly asked local banks to report on cryptocurrency transactions amid the ongoing contagion of Silicon Valley Bank’s (SVB) collapse.
Bitcoin's Price Rally Driven by Americans' Safe Haven Bid: Matrixport
The recent bank failures in the U.S. have exposed the fractional reserve banking system’s core limitations and strengthened the case for investing in bitcoin (BTC).
BitMEX Co-Founder: Fed’s Response to the Banking Crisis May Drive Investors Towards Bitcoin
Late last week, Arthur Hayes, Co-Founder and Former CEO of BitMEX, wrote about the potential implications of the Federal Reserve’s new Bank Term Funding Program (BTFP), which came as a response to the recent (SVB) collapse of Silicon Valley Bank (SVB).
Bitcoin Is Up Over 40% Since the March Banking Crisis Began
Bitcoin (BTC) has shown remarkable resilience amidst the recent banking crisis, as the cryptocurrency’s value has continued to rise despite the economic turmoil. Since the onset of the crisis on March 10, Bitcoin has surged over 40%, with investors flocking to the digital asset as a safe-haven store of value.
Crypto Evening Briefing: More Than 80 Firms Express Interest in Establishing Presence in Hong Kong
As of end-February 2023, Invest Hong Kong has received expressions of interest from over 80 virtual asset-related Mainland and foreign companies in establishing their presence in Hong Kong.
Cryptocurrency Market to See More Upside Following Bank Problems: Bernstein
Financial markets have been shaken in the past week following a series of bank collapses, providing a perfect setting for the decentralized financial system to stand out as an alternative, and for a continued advance in cryptocurrency markets, Bernstein said in a research report Saturday.
Australian Banking Association’s Cost of Living Inquiry Reveals Bank Pressure
The trade association for the Australian banking industry — Australian Banking Association (ABA) — launched a cost of living inquiry to closely study the impact of the COVID-19 pandemic, global supply chain constraints and geopolitical tensions, among others, on Australians.
